Intel Xeon E5 2403 's Advantages
Lower TDP (80W vs 140W)
Intel Xeon E5 1607 v3 's Advantages
Released 2 years and 4 months late
Higher specification of memory (DDR4-1866 vs DDR3)
Higher base frequency (3.1GHz vs 1.8GHz)
More modern manufacturing process (22nm vs 32nm)